MySpace is still huge despite not getting the degree of attention that other social media outlets get. According to Compete.com from January ’09 it slipped to second behind Facebook when ranked by number of monthly visits. Despite the huge numbers (810 million visits in Jan. ’09) there is little talk about the business applications beyond the music world and products that skew very young. With as much talk as there is about Twitter, you would think it’s getting just as big as MySpace but in January Twitter is getting just 7% of the monthly visits that MySpace does.
In a similar position is Citysearch. As we have discussed here in the recent past Citysearch is working to update and expand its offerings to a much larger audience. The competition that is coming up in the rear view mirror for these guys are the likes of Yelp!.